Empire State Realty TrustvsPublic Storage

ESRT and PSA stock compared: price, dividend, valuation and results, from SEC filings.

ESRT

Empire State Realty Trust, Inc.

$5.30

Value $893M

+1.53%
ESRT's page

Empire State Realty Trust (ESRT) has a market value of $893M and Public Storage (PSA) $62.1B. Over the last year, with dividends, ESRT moved -24.6% and PSA +25.9%. Dividend yield: ESRT 2.64%, PSA 3.61%.

At a glance

The main figures of both. A bar only shows which number is larger, not which is better.

  • Market value

    ESRT$893M

    PSA$62.1B

    PSA is 70 times ESRT

  • Revenue, 12 months

    ESRT$780M

    PSA$5.0B

    PSA is 6.5 times ESRT

  • Net income, 12 months

    ESRT-$1.8M

    PSA$1.9B

  • Operating margin

    ESRT-4.9%

    PSA–

  • ROIC

    ESRT-2.9%

    PSA7.2%

    10.1 points apart

  • P/E

    ESRT–

    PSA36.6

  • Dividend yield

    ESRT2.6%

    PSA3.6%

    1.0 points apart

  • 5-year return

    ESRT-44.6%

    PSA+26.3%

    70.9 points apart

A fainter bar means a negative number. The 5-year return includes dividends.

The price over time

Both start at 100 at the beginning of the period, so the lines show how much each changed. With dividends means each dividend buys more shares.

ESRT-44.6%

PSA+26.3%

507510012520222023202420252026
Returns by period
PeriodESRTWith dividendsPSAWith dividends
1 year since November 12, 2025-24.6%Price -26.6%+25.9%Price +20.9%
3 years since November 13, 2023-33.6%-12.8% a yearPrice -37.3%+52.4%+15.1% a yearPrice +35.0%
5 years since November 12, 2021-44.6%-11.1% a yearPrice -49.6%+26.3%+4.8% a yearPrice +1.0%
10 years since November 15, 2016-66.6%-10.4% a yearPrice -72.8%+134.3%+8.9% a yearPrice +56.8%

Each cell: the total return with dividends, its yearly rate, and the price change alone. Before taxes and costs. Past returns do not predict future ones.

Every figure

As on each company's page. A description, not a recommendation: no one figure says which is better.

ESRTEmpire State Realty TrustPSAPublic Storage

Valuation

ESRTPSA
Valuation
Price$5.30$332.59
Market value$893M$62.1B
Enterprise value (EV)$3.0B$73.6B
P/E–36.6
P/E, 5-year median31.528.1
P/B0.96.4
EV/EBIT–38.8
Free cash flow yield6.9%–

Results and growth

ESRTPSA
Results and growth
Revenue, 12 months$780M$5.0B
Net income, 12 months-$1.8M$1.9B
Free cash flow, 12 months$62M–
Earnings per share, 12 months-$0.01$9.54
Revenue growth, year on year0.1%2.7%
Revenue growth a year, past+4.8%over 5 years+10.6%over 5 years
EPS growth a year, past–+7.4%over 5 years

Margins and returns on capital

ESRTPSA
Margins and returns on capital
Gross margin––
Operating margin-4.9%–
Net margin-0.2%37.8%
ROIC-2.9%7.2%
ROE-0.2%18.5%

Balance sheet

ESRTPSA
Balance sheet
Cash$85M$560M
Total debt$2.2B$12.0B
Net debt / EBITDA13.83.8
Interest cover-0.4×5.4×

Dividends and buybacks

ESRTPSA
Dividends and buybacks
Dividend yield2.6%3.6%
Dividend per share, 12 months$0.14$12.00
Dividend growth a year, past–+8.5%over 5 years
Buyback yield0.9%–
Shareholder yield3.6%3.6%

Last 12 months from the latest 10-Q and 10-K. Value, P/E and yields at today's price. A dash means the figure does not exist or did not pass our checks.

Questions: ESRT or PSA

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Which is bigger, Empire State Realty Trust or Public Storage?

By market value, Public Storage ($62.1B) is about 69.6 times Empire State Realty Trust ($893M), at today's prices.

How did ESRT and PSA stock do over the last 10 years?

Since November 15, 2016, ESRT's price moved -72.8% and PSA's +56.8%. With dividends: ESRT -66.6% (-10.4% a year), PSA +134.3% (+8.9% a year). Past returns do not predict future ones.

Which pays the higher dividend, ESRT or PSA?

The dividend yield at today's price is 2.64% for Empire State Realty Trust and 3.61% for Public Storage. Over the last twelve months they paid $0.14 and $12.00 per share.

Which has the higher profit margins, Empire State Realty Trust or Public Storage?

Over the last twelve months, the net margin was -0.2% for Empire State Realty Trust and 37.8% for Public Storage, and the operating margin -4.9% and –. Revenue was $780M and $5.0B.

Which is the better investment, Empire State Realty Trust or Public Storage?

The page does not answer that and does not suggest buying or selling. It puts the two companies' numbers side by side, from their SEC filings, for you to read and form your own view. The decision depends on your goals and situation.

Other comparisons

With each of the two, and with the largest in its sector.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

Descriptive data from SEC filings and market prices.